Mergers and acquisitions are sudden and critical changes in a company. Communication and other key business skills need to be to the fore. Mergers and acquisitions are critical processes that need to be carefully planned so as not to result in disappointment and lack of results. Business opportunities are the drivers behind mergers and acquisitions and those opportunities can only be successfully exploited if the process is professionally performed so that crucial skills are maintained and synergies released.
Who
Planning is often sparked by the establishment of a small team with representatives from one or both companies. In this phase the participating leaders attain greater understanding of the potential, the strategic match and the idea behind the merger or the acquisition.
As the change process begins, leaders and employees are involved, and they then have to catch up with those who have had time to accustom themselves to the idea. People & Performance have solid experience in working with both the small strategic team and the broader team of change and integration agents.
What
Our contribution to the due diligence is the evaluation of the organisational capabilities and matches.
We analyse the stakeholders from an integration perspective, and identify the important change coalitions. We train the change agents and ensure that the acquired company is not damaged by the integration efforts. We advise you on maintaining intellectual capital, and identify important cultural differences that may be the key to success or failure. We uncover the potentials of organisational synergies and find the strategies to break patterns that may delay or destroy the integration. Finally, we develop a concrete communication and change plan.
For further information about mergers and acquisitions, please contact Torben Nørby.